New York Stock Exchange buildingMOSCOW, May 22. Washington's decision to block Russian state assets has undermined the confidence of foreign investors in American financial institutions, writes the Chinese portal Global Times. interests, is ready to select state and private foreign accounts in a split second, then no words of politicians will convince foreign investors of the safety of their capital,» the publication says. jpg» />Biden invites Asian partners to the suicide clubThe author of the article drew attention to the statement of US Treasury Secretary Janet Yellen about the illegality of the confiscation of Russian assets in favor of Ukraine, but considered it not the voice of reason, but rather the beginning of a discussion on how to be able to legally seize these assets. «It seems The US is playing a «good cop, bad cop» strategy, where the White House calls for the seizure of Russian government accounts in an attempt to appease European allies, while Yellen tries to convince foreign investors that it is still safe to keep their money in the US «, — noted a Chinese journalist. According to Global Times, Washington «signed a death pact» to the American financial system at the moment when it decided to freeze Russian reserves through unilateral sanctions.
Japan is sacrificing its future because of UkraineYellen previously said that American laws do not allow the confiscation of seized Russian property in favor of Ukraine. After the start of the Russian military special operation to demilitarize and denazify Ukraine, the West increased sanctions pressure on Moscow. Restrictive measures are directed primarily against the banking sector and the supply of high-tech products. Many countries have announced the freezing of Russian assets. According to Finance Minister Anton Siluanov, this is about $300 billion, about half of Russia's gold and foreign exchange reserves. The United States and the European Union are calling for the withdrawal of these funds and sending them to Ukraine. In the Kremlin, such measures are considered an economic war, the like of which has not yet been. According to presidential spokesman Dmitry Peskov, the idea of transferring frozen Russian assets to Kyiv would be outright theft. Deputy Foreign Minister Oleksandr Grushko called such a move illegal, noting that it would affect the entire global financial system and cost Western countries dearly. Aimed at Russia — hit the dollar
